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Grand Rapids, MN NNN Properties for Sale

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Single-Tenant Net Leased Grocery
Updated: Apr 10
Single-Tenant Net Leased Grocery

1250 S Pokegama Avenue, Grand Rapids, MN 55744

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New 2016 construction grocery property leased to ALDI Inc. under a long‑term ground lease structure.
Recently signed 15‑year ground lease with ALDI Inc.; store opening in December (2016).
Single‑tenant net lease investment (STNL) structured so the tenant pays operating expenses, capital repairs, and replacements.
Debt‑free; 15‑year term and ground lease structure can support long‑term holding strategies.
Pricing noted at $119 PSF (below replacement cost per provided remarks).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Saint Cloud NNN Investment
Saint Cloud NNN Investment

328 5th Ave S, Saint Cloud, MN 56301

$1,057,350
3,339 sqft

Single-tenant net lease investment opportunity in Saint Cloud, Minnesota.

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NNN Leased Restaurant Portfolio
NNN Leased Restaurant Portfolio

1702 Broadway St, Alexandria, MN 56308

$6,440,000

Long-term NNN master lease with established, growing tenant.

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Net-Leased Retail Property
Net-Leased Retail Property

115 30th Ave E, Alexandria, MN 56308

Contact for pricing

100% leased with a tenant to execute a mutually agreeable 10-year absolute net lease at closing.

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NNN Call Center Office Building
NNN Call Center Office Building

Saint Cloud, MN 56303

Contact for pricing

109,000 SF office call center sits on 6.2 acres with an NNN lease in place through 2023.

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Grand Rapids, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Grand Rapids, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for triple net lease properties in Grand Rapids, MN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 20K
Population Growth (5Y) +0.6%
Median Household Income $68,213
College Educated 13.7%

Taxes & Financing

Tax Rate (average for all types) 2.87%
Property Tax per SF $24.20 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Itasca County

New Delisted

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